News Archive - Page 153 of 366

Recent Developments, <br /> Key Innovations, and <br /> Insightful Reports

Recent Developments,
Key Innovations, and
Insightful Reports

Your One Stop Platform for Regular Sector Updates

Sector news

Financial pyramid schemes and the poor – who really pays

This post recounts the spread of Ponzi-like financial pyramid schemes in Kenya. At least one woman in each group, of a total of 114 had invested and lost money in these schemes. Most of them knew there was something ‘fishy’ but went ahead anyway lured by the prospects of high […]

January 7, 2013

India: Mumbai to get another 5000 low cost homes

MHADA, the Maharashtra Housing and Area Development Authority have finally won approval for building 5000 low cost houses in Goregaon in Mumbai, post a long legal battle. Read more here

January 7, 2013

India: Central Bank allows overseas funding for low cost housing projects

The Reserve Bank of India, in its move to encourage more low cost housing constructions has now allowed real estate developers and housing finance companies to raise as much as US$ 1 billion through ECBs or external commercial borrowings. Read more here.

January 7, 2013

Kenya plans housing units for low income earners

The NHC or the National Housing Corporation is planning to include smaller homes as the State-owned firm targets low income earners by making houses worth Sh 2 million. Read more here.

January 7, 2013

Kenya: Housing minister launches nationwide slum upgrading programme

Housing Minister of Kenya, Mr Soita Shitanda recently announced a nationwide launch of slum upgrading programme, asking slum dwellers to prepare themselves for it. This programme will help the country achieve low cost and decent housing for all by 2030. Read more here.

January 7, 2013

Low cost eco-friendly homes in Vietnam

The cost of accessing housing has gone up by 10 times in the last decade, according to award winning architects Vo Trong Nghia Architects, prompting them to explore the making of low cost and eco friendly houses for the poor. Read more here.

January 7, 2013

Uganda: Low cost housing remains a dream

This post delineates the problems being faced by Uganda in terms of housing units’ shortage. With a population growth of 3.4 per cent annually, and an urbanization rate of 5.6 per cent annually, and an existing housing units shortage of 1.6 million, Uganda’s low cost housing for all dream is […]

January 7, 2013

The theory of “Aspirers” in urban India

This post cites off the severe shortage of housing units in the country. There is a total shortfall of 26.53 million in urban India, and of every 100 households only 3 are made of concrete. This breeds a class of ‘Aspirers’, those whose houses aren’t make of concrete, and are […]

January 7, 2013

India: Bribe, the key factor disincentivising low-cost housing

There is a reason why low cost housing providers are not that interested in doing their job – there is an equal amount of paperwork involved in making low cost houses, as in making premium houses, and paperwork in India means bribing. Once bribes enter the picture, costs go up […]